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Dear Fellow Investor,
Americans love their pets. So much so, they spent just about $151 billion in 2024 alone, with more than half of that being spent on pet food, according to the American Pet Products Association. “In 2018, they spent $91 billion, and, in 2022, it shot up to $137 billion, according to the association,” reported USA Today. “In its 2024 State of the Industry report, the trade organization said the outlook for the pet industry's continued growth means there may be $207 billion in pet spending by 2030.” That being said, investors may want to consider investing in pet stocks such as: Company: Freshpet (SYM: FRPT)
Technically oversold at $131.29, FRPT still has substantial upside potential, especially with pet owners spending billions every year. Helping, analysts at DA Davidson just reiterated a buy rating on the stock with a $189 price target. The firm emphasized Freshpet's robust demand forecasting capabilities, stating, "We reiterate BUY and $189 price target on FRPT, our best idea in Food. We appreciate the market's concerns ahead of initial FY25 guidance, particularly as consensus catches up to significant overdelivery the past two years and amidst recent tracked channel deceleration,” says Investing.com. Brownstone Research Crazy Footage: Watch Jeff's Cybertruck Stunt
"Hi, I'm Jeff Brown… Even though I can't see a thing… I'm about to get in this Cybertruck and drive up to a location just a few miles from here to show you Elon Musk's next AI product. I promise what happens next will shock you…" Click here to see what happened Company: Chewy (SYM: CHWY)
Shares of Chewy are still pushing aggressively higher. Last trading at $37.97, we’d like to see it retest $50 a share near-term. Helping, analysts at Argus just upgraded the stock to a buy rating. "We have a positive view of Chewy's focus on nondiscretionary pet products and services, which represents about 85% of revenue. We also like the recurring sales from its autoship service (about 80% of revenue), which provides predictable income and helps the company efficiently manage its operations,” said the firm, as quoted by Seeking Alpha. Trading Tips Warren Buffett’s Top 5 Stock Picks for 2025 📈
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(By clicking this link you agree to receive emails from Trading Tips and our affiliates. You can opt out at any time.) ETF: ProShares Pet Care ETF (SYM: PAWZ) Or, if you’d prefer to diversify with a greater number of pet related stocks, there’s the ProShares Pet Care ETF (SYM: PAWZ). With an expense ratio of 0.50%, the ETF seeks investment results, before fees and expenses, that track the performance of the FactSet Pet Care Index. Some of its top holdings include Chewy, Zoetis, Freshpet, CVS Group, Pets at Home Group, Nestle, and Trupanion to name a few of its 26 holdings. Altimetry Add These 9 'DOGE Stocks' To Your Portfolio Today
The richest man in the world just became an official employee of the Federal Government... Elon Musk - the billionaire leader of Tesla, SpaceX, Neuralink and xAI - has launched his Department of Government Efficiency, or DOGE for short. And what he has planned is going to have a sudden and dramatic impact on the US stock market, in the very near future. That's the urgent message one of America's leading group of stock market forecasters just released. Specifically, they've identified NINE stocks they say you need to seriously consider adding to your portfolio, if you want to take advantage. It's available to view free of charge right here: The DOGE Agenda Playbook. Are there any other growing or emerging markets you think are hot right now? Hit "reply" to this email and let us know! | 